Stellantis and Toyota Motor Europe (TME) have announced the expansion of their existing partnership with an agreement for a new large-size commercial van (LCV), including a BEV variant. The new vehicle will be the third body type under the agreement.
As part of the partnership, Stellantis will supply TME with the large-size commercial van in Europe. The new vehicle will be produced at Stellantis’s plants in Gliwice, Poland, and Atessa, Italy. Planned for mid-2024, the new LCV marks TME’s first entry into the large-size commercial vehicle segment.
“Operational excellence is by definition recognized in this expanded deal,” said Carlos Tavares, Stellantis CEO. “With this third successful engagement, Stellantis is further demonstrating its expertise in the commercial vehicle segment and in developing battery electric technology built to support a full range of needs.”
Stellantis and TME’s collaboration started in 2012 with Toyota’s mid-size LCV produced at the Stellantis Hordain plant in France, followed in 2019 by a compact-size LCV, produced at the Stellantis plant in Vigo, Spain.
“We are pleased that we can extend this successful partnership through the introduction of a new large-size commercial van,” said Matt Harrison, president and CEO at TME. “It represents an important addition and completes our light commercial line-up for Toyota’s European customers.”